AIA appoints Mercer’s Walsh as Chief Life Insurance coverage Officer
23 March 2020
AIA Australia has appointed Marsh and McLennan Chief Nation Officer Ben Walsh to the newly created position of Chief Life Insurance coverage Officer, efficient from June.
Mr Walsh can be Mercer Australia and New Zealand CEO and MD and has labored with the group for greater than 20 years.
Within the new position he’ll drive the path of AIA’s life insurance coverage arm, which incorporates CommInsure Life, and can report back to Australia and New Zealand CEO Damien Mu.
“Because the enterprise continues to develop, Ben’s management and experience will permit us to ship higher worth in life insurance coverage, additional strengthening our management by figuring out and investing in revolutionary methods to fulfill evolving buyer wants and expectations,” Mr Mu mentioned.
Commonwealth Financial institution of Australia bought the CommInsure Life enterprise to AIA final 12 months for $2.375 billion.
“I’ve admired AIA and its folks since previous to its itemizing on the Hong Kong Inventory Alternate, and over time have been lucky sufficient to go to its operations and management in Hong Kong, Shanghai, Singapore and Australia,” Mr Walsh mentioned.
Mr Walsh labored with Marsh normally insurance coverage broking and danger administration consulting early in his profession.